KULR Technology Group, Inc.
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Report Link: Updated Research Report (Dated 06/09/2021)
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $4.50
Time Horizon: 12 Months
Rating Established: November 30, 2020
Price When Established: $1.44
Most Recent Report: June 9, 2021
Price When Issued: $2.59
KULR Technology Group Receives Special Permit from the US Department of Transportation Authorizing Transport of Prototype Lithium Cell and Batteries
On June 17, 2021, KULR Technology Group (NYSE: KULR) announced it received a special permit from the US Department of Transportation (DOT) authorizing the transport of prototype lithium cells and batteries aboard cargo aircrafts. Prototype lithium batteries are only authorized to be transported on cargo carrying aircrafts to, from or within the US when approved by DOT.
The permit, issued as DOT-SP 21167, was granted on June 14th, 2021.
KULR Technology Group Announces New VP of Sales and Marketing
On June 10, 2021, KULR Technology Group (NYSE: KULR) announced the appointment of Greg Provenzano as Vice President of Sales and Marketing. Provenzano will be responsible for developing the company’s sales channel strategy as it pivots into large volume applications and products supporting strategic growth goals.
Provenzano joins KULR with over 35 years of leadership and worldwide sales experience in Electronic Components, Design Services, and System Solutions across a variety of industries. Most recently, he served as Senior Vice President of Sales for Advanced Energy managing sales operations spanning Networking & Telecom, Datacenter & Computing, Industrial & Medical, and Semiconductor Capital Equipment. Prior to Advanced Energy, he served as VP of Sales for the Americas at Arrow Electronics.
KULR Technology Group, Inc., headquartered in Campbell, California, develops and commercializes high-performance thermal management technologies for batteries, electronics, and other components.
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